On August 21, NEBIUS rose 3.17% in regular trading, trading at $228.585/share, with turnover of $737 million. The stock staged a technical rebound after two consecutive sessions of heavy selling triggered by dilution concerns.

On the news front, NEBIUS announced a planned $4.5 billion convertible senior notes offering under Rule 144A, split into two series: $2.75 billion due 2030 and $1.75 billion due 2034, with an additional overallotment option of up to $675 million. Net proceeds are earmarked for data center construction and ongoing growth expenditures. The announcement triggered a cumulative pullback of approximately 14% over the prior two trading days as dilution fears dominated, with concentrated short-term selling pressure now largely absorbed.

Notably, options markets on this session still showed bearish activity, including a $11.75 million far-dated deep out-of-the-money PUT purchase, indicating that bulls and bears remain actively contesting the outlook despite the price recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)